BRK.B is sitting in a textbook Qullamaggie breakout in a bullish flag on the 1H chart. It is sitting on support levels from 8/27, 9/10, 9/16, 10/10, 10/16 and if you happen to scroll back a bit to 4/9. We are also sitting at the April TACO V shape recovery support. When the world zigs, do we zag? Same with game theory tit for tat etc. If you look up the option chain, there is very little resistance. We ride at dawn gents and gawns.
BRK.B Following up on the previous mind. Price action has been playing out just as expected. My base case is we start rallying after this sideways movement. This movement has allowed the MA's to recover. We could see a final dump as we get a Golden Cross, that kickstarts the EOY rally we've been waiting for. A 10% rally is still in play to hit that $540 target. Will follow up again in December.
Massive cash reserves give Berkshire a position of strength during market downturns — they can buy assets at “value” prices when others are forced to sell.
Diversification across insurance, railroads (BNSF), utilities and energy (BHE), retail, and manufacturing provides multiple pillars to withstand sector-specific shocks.
Core operations remain profitable in stable conditions, adding resilience. For example, Geico improving its underwriting performance is a positive signal.
Greg Abel is already active in key operational roles, which should smooth the leadership transition and reduce the sense of a sudden leap into uncertainty.
BRK.B is sitting in a textbook Qullamaggie breakout in a bullish flag on the 1H chart. It is sitting on support levels from 8/27, 9/10, 9/16, 10/10, 10/16 and if you happen to scroll back a bit to 4/9. We are also sitting at the April TACO V shape recovery support. When the world zigs, do we zag? Same with game theory tit for tat etc. If you look up the option chain, there is very little resistance. We ride at dawn gents and gawns.
BRKU
